The Dow ended down 109.13 point to closed at 9972.18 below the 10,000 level. Chart wise, closed just below mid Bollinger band = market has just turned into negative sentiment. Bollinger band width also start to narrowing = the downward correction will continue. MACD Histrogram comtinue to falled and into negative territory = seller ruled the market substantially. Current immediate support stand at 9800 level. Coming days will be crucial to see if the Dow can stay at least near the mid Bollinger band before any hope for the market to climb upside.
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